Can You Go On Vacation?
By Kirk W. McLaren, CEO of Foresight CFO, a group of financial growth specialists who coach companies in the Habits of ProfitabilityTM
We’re heading into summer. As a business owner, this could be your busiest time of the year either for the business itself or the act of balancing work with your personal life.
Kids are out of school, weather is warm, the sun is calling and you know your family is itching to go somewhere fun. You either feel a freeing sensation, or you feel trapped. Suffocated. You can’t possibly leave the business…. not now. If this is you, it’s time for a business makeover.
Test Your Business
Schedule that vacation anyway, especially if you are not sure where the real holes are in your business. Start with maybe just one week, maybe two. See where the function of your business slows or even fails in that short time.
Here’s are five things to look for—and why they could be dragging down the value of your business: